ST. JOHN’S, N.L.—Newfoundland and Labrador is offering $175 million to the owners of the dormant Terra Nova offshore oilfield, but only if oil starts pumping again. The announcement came late Thursday afternoon, as rumours of an impending election intensified and funding announcements flowed freely from the governing minority Liberals. Suncor Energy is the majority stakeholder…
NL Offers Owners of Terra Nova Oilfield $175 Million, but Only If Oil Flows Again
January 15, 2021
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CanadaCanada oilcanada oil industryNewfoundland and LabradorSuncor EnergyTerra Nova offshore oilfieldWorld
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